Daily Mail

Facts on the firm

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■ Founded as Marc Rich & Co in 1984

■ Moved into production after buying a Peruvian mine in 1987 n Renamed Glencore after management buyout

■ £28bn merger with Xstrata in 2012

■ Reported record profits of £16bn last year

■ Recently agreed to pay £1.2bn to settle bribery investigat­ions

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